Category: ROOT

Highmark Health's IT company reports more than $1B in revenue

Pittsburgh-based Highmark Health’s IT services company, enGen, reported more than $1 billion in revenue for the fiscal year of 2022 as demand for services increased. 

Labor costs to be biggest single issue for healthcare going forward, S&P says

While demand for healthcare services is robust, the biggest question mark remains over the sector’s ongoing struggle with labor costs, S&P said in a March 21 report.

Biogen's ALS drug candidate shows mixed results; FDA panel to weigh in

An FDA advisory panel is scheduled to discuss tofersen — Biogen’s investigational drug for amyotrophic lateral sclerosis, which failed to pass its primary endpoint in a late-stage trial — on March 22. 

DOJ dismisses appeal challenging UnitedHealth-Change Healthcare's $7.8B merger

The Justice Department has withdrawn its appeal to block UnitedHealth Group’s $7.8 billion acquisition of Change Healthcare, Reuters reported March 21. 

AHA: 12 ways Congress can support the healthcare workforce

As the Senate Committee on Health, Education, Labor and Pensions begins to develop bipartisan legislation to curb the healthcare workforce crisis, the American Hospital Association is urging it to take precise measures to sustainably address the “natio…

Top 20 teaching hospitals with cardiovascular residency programs in 2023, per Fortune

Philadelphia-based Penn Presbyterian Medical Center has been named the top teaching hospital with a cardiovascular residency program in 2023 by Fortune and healthcare improvement and technology company Premier. 

Top 10 community hospitals for heart care in 2023, per Fortune

Ascension St. Vincent Heart Center in Indianapolis has been named the top community hospital for heart care in 2023 by Fortune and healthcare improvement and technology company Premier. 

Spectrum Health to pay $6M to settle alleged ERISA violations

Grand Rapids, Mich.-based Spectrum Health has agreed to pay $6 million to settle an alleged violation of the Employee Retirement Income Security Act, Pension and Investments reported March 20.

USPI's last 5 years: A recap

United Surgical Partners International became the largest ASC chain in the U.S. in 2022.

3 quantum computing, AI projects Cleveland Clinic, IBM have in the works

From using quantum computing to screen and optimize drugs, to using quantum-enhanced prediction models for cardiovascular disease, Cleveland Clinic and IBM’s 10-year Discovery Accelerator partnership is using artificial intelligence, quantum computing …